If a Category Is Hard to Define,like "Country Music," How

question 184

Multiple Choice

If a category is hard to define,like "country music," how do we decide what items fit that category?

• A)We compare an item to some prototypes of that category.
• B)​We write a definition that fits the items we want to include in the category.
• C)​We abandon that category and develop new categories.
• D)​We select items at random to include in the category.

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Definitions:

Associated Companies

Companies that are connected through common ownership or control but aren't subsidiaries or fully owned entities of the parent company.

Equity Method

An accounting technique used by companies to record and report their investments in other companies based on the level of control and influence they have over the company.

Voting Stock

Shares of a company that grant the shareholder voting rights in corporate decisions and elections of the board of directors.

Significant Influence

Significant influence is a term used in accounting to describe the power to participate in the financial and operating policy decisions of another company, without having full control or majority ownership.